Bitfinex Report: Institutional Buyers Have Not Yet Offset Selling Pressure, Crypto Markets Are Waiting for a Trend Reversal

Odaily Planet Daily News Bitfinex released its latest analysis report, which pointed out that Bitcoin fell to a low of $77,041 last week, a retracement of 29.7%, the second deep correction in this round of bull market. At the same time, the continued outflow of US spot Bitcoin ETFs (a total of $921.4 million last week) indicates that institutional buyers have not yet had enough strength to offset the selling pressure. Historically, when new capital inflows slow and cost-basis trends change, it indicates that the demand environment is weakening. This trend has become increasingly obvious as Bitcoin struggles to stay above key levels. Without the intervention of new buyers, Bitcoin may face the risk of long-term consolidation, or even further declines, as weaker buyers continue to exit their positions. The key factor to pay attention to is whether long-term holders or institutional demand will reappear at lower levels in the market. If investors with more powerful funds begin to absorb Bitcoin sales, it may indicate a shift to accumulation, which may stabilize price trends and reverse market sentiment.